Well, well, well. Everyone in the government seemed totally surprised back in late 2007 when the government was within hours of collapse and the Treasury Secretary and Fed chairman hood-winked Congress into “approving” the first of the stimulus packages.

Unfortunately, there was a report published by the (now disreputed) ACORN organization, in 2006, that specifically addressed the impending mortgage crisis. It also specifically details the use of ARM (Adjustable Rate Mortgages) and their sinister cousins, Sub-Prime and interest-only mortgages and their devestating consequences on low-income families across the U.S.